Investment Facilitation in Transitional and Fragile States

Jake Cusack and Matt Tilleard

The report from the CSIS Project on Prosperity and Development outlines a new tool for policymakers to encourage private-sector development in developing nations. Specifically, it argues that in fragile states there is an intermediation gap between sources of capital and entrepreneurs seeking investment. This gap prevents investment by raising transaction costs and exacerbating information asymmetry. Jake Cusack and Matt Tilleard present a case study of this gap as observed in their work in South Sudan. Then they propose a model of investment facilitation that bridges the intermediation gap. The model is based on donor funding of a neutral nongovernment facilitator to identify attractive investment opportunities, link them to capital, and facilitate transactions.

Rowman & Littlefield Publishers / Center for Strategic & International Studies

Pages: 16 • Trim: 8½ x 11⅛

978-1-4422-2815-3 • Paperback • January 2014 • $41.00 • (£32.00)

978-1-4422-2816-0 • eBook • January 2014 • $39.00 • (£30.00)

Series: CSIS Reports

Subjects: Political Science / Security (National & International), Business & Economics / Development / Economic Development

Investment Facilitation in Transitional and Fragile States

Paperback

eBook

Summary

The report from the CSIS Project on Prosperity and Development outlines a new tool for policymakers to encourage private-sector development in developing nations. Specifically, it argues that in fragile states there is an intermediation gap between sources of capital and entrepreneurs seeking investment. This gap prevents investment by raising transaction costs and exacerbating information asymmetry. Jake Cusack and Matt Tilleard present a case study of this gap as observed in their work in South Sudan. Then they propose a model of investment facilitation that bridges the intermediation gap. The model is based on donor funding of a neutral nongovernment facilitator to identify attractive investment opportunities, link them to capital, and facilitate transactions.

Details

Rowman & Littlefield Publishers / Center for Strategic & International Studies

Pages: 16 • Trim: 8½ x 11⅛

978-1-4422-2815-3 • Paperback • January 2014 • $41.00 • (£32.00)

978-1-4422-2816-0 • eBook • January 2014 • $39.00 • (£30.00)

Series: CSIS Reports

Subjects: Political Science / Security (National & International), Business & Economics / Development / Economic Development

Author

Jake Cusack is the founder of CrossBoundary, an investment and economic development advisory firm focused in frontier markets, including Afghanistan, Iraq, and South Sudan. Matt Tilleard is managing partner at CrossBoundary.

Investment Facilitation in Transitional and Fragile States

Jake Cusack and Matt Tilleard

Investment Facilitation in Transitional and Fragile States

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